Filing Details

Accession Number:
0001140361-22-008043
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-04 19:00:16
Reporting Period:
2022-03-04
Accepted Time:
2022-03-04 19:00:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1326200 Genco Shipping & Trading Ltd GNK Deep Sea Foreign Transportation Of Freight (4412) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1626933 Joseph Adamo C/O Genco Shipping &Amp; Trading Limited
299 Park Avenue, 12Th Floor
New York NY 10171
Chief Accounting Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-03-04 596 $0.00 5,522 No 4 M Direct
Common Stock Disposition 2022-03-04 240 $20.48 5,282 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2022-03-04 596 $0.00 596 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 7,668 7,668 Direct
Common Stock Restricted Stock Units $0.00 672 1,346 Direct
Common Stock Option $9.91 2022-02-23 2027-02-23 2,309 2,309 Direct
Common Stock Restricted Stock Units $0.00 944 945 Direct
Common Stock Option $7.06 2021-02-25 2026-02-25 3,746 3,746 Direct
Common Stock Option $8.07 2020-03-04 2025-03-04 1,352 1,352 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
7,668 7,668 Direct
672 1,346 Direct
2027-02-23 2,309 2,309 Direct
944 945 Direct
2026-02-25 3,746 3,746 Direct
2025-03-04 1,352 1,352 Direct
Footnotes
  1. The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.
  2. These shares were in order to satisfy the reporting person's tax obligations for restricted stock units that settled on March 4, 2022.
  3. Each restricted stock unit represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
  4. These restricted stock units generally vest in equal installments on each of the first five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  5. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  6. These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
  7. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 25, 2020, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  8. These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
  9. These restricted stock units generally vest in equal installments on each of the first three anniversaries of March 4, 2019, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  10. These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.